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At Land Rover of Knoxville, check out our special offerings on Land Rover vehicles. These include the Land Rover Range Rover Sport, LR2, and LR4 and other models we sell. With these offers, you can save thousands on the new car or truck you're looking for. Make sure to pick up the phone and call 1-865-777-3000 to get the latest unpublished specials!
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The tax depreciation comparisons are designed for business owners who purchase a new Range Rover, Range Rover Sport or LR4 before December 31, 2011, and who use their vehicles 100 percent for business. The 50 percent first year bonus depreciation for the “Heavy SUV” classification is currently extended only through 2011. Businesses planning to purchase a new Range Rover, Range Rover Sport or LR4 in the near future, may consider accelerating their buying plans if doing so makes sound business sense. Please consult your tax advisor on how this can be applied to your individual business situation.
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Click here to see more information on
Small business tax advantages on Land Rover vehicles.
| YEAR |
RANGE ROVER |
LUXURY CAR W/ 50%
BONUS DEPRECIATION |
| One |
$35,600 |
$10,960 |
| Two |
$16,960 |
$4,800 |
| Three |
$10,176 |
$2,850 |
| Four |
$6,106 |
$1,775 |
Total
Depreciation $68,842 $20,385
| YEAR |
RANGE ROVER
SPORT |
LUXURY CAR W/ 50%
BONUS DEPRECIATION |
| One |
$32,600 |
$10,960 |
| Two |
$11,200 |
$4,800 |
| Three |
$6,720 |
$2,850 |
| Four |
$4,032 |
$1,775 |
Total
Depreciation $53,952 $20,385
| YEAR |
LAND ROVER
LR3 |
LUXURY CAR W/ 50%
BONUS DEPRECIATION |
| One |
$30,000 |
$10,960 |
| Two |
$8,000 |
$4,800 |
| Three |
$4,800 |
$2,850 |
| Four |
$2,880 |
$1,775 |
Total
Depreciation $45,680 $20,385
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